GOE 0.00% 2.7¢ go energy group limited

down 16%, page-4

  1. 995 Posts.
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    Hey Patto,
    I might misunderstand what you are saying.
    I have always thought that lower prices for Solar panels will benefit the distributors like SOO in the end. I also know that what happened last year, when SOO had to write off 4 mln dlrs of their stock is a one off. Bad luck. Major miscalculation, but as they said in their half year announcement: A new inventory management system has been implemented to improve its revenue forecast by reducing inventory levels.
    Thats good, this qtr they can take full advantage of lower panel prices
 
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